Itc reversal in case of service provider to file gstr 10

Megha Choudhary (Management Trainee) (541 Points)

29 March 2022

How to reverse ITC while filing GSTR-10 for service provider?

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3 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14801 Points)
Replied 29 March 2022

First reverse ITC through DRC03 with interest , if all returns have been filled and then file GSTR10 .

Megha Choudhary (Management Trainee) (541 Points)
Replied 29 March 2022

Any other way, in that case, the client will face loss.

CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 31 March 2022

For service providers if you dont have inventory on which you have claimed ITC then no need of reversal. Simply file nil GSTR-10

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